The daily chart for the S&P Futures (ES) looks impressive as hell, if you are a bull. For bears, it’s Wagnerian.
Lee's Free Thinking
Daily S&P (ES) Chart Setup Quickie 5/27/20
by Lee Adler • • 0 Comments
Lee’s Free Thinking
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Lee's Free Thinking
Swedish Killing Machine Lessons On Lockdown vs. No Lockdown
by Lee Adler • • 0 Comments
I put together this data today on what happens when a country foregoes lockdowns. Sweden made that choice from the beginning. It’s demographically similar neighbors, Denmark, Norway, and Finland had strict lockdowns. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through…
Lee's Free Thinking
US Southern States COVID19 Cases – Let’s Give Credit Where Due
by Lee Adler • • 0 Comments
Governor DeSantis takes credit for Florida’s better than expected performance in the state’s numbers of COVID19 cases and deaths.
Lee's Free Thinking
Gap Me – Daily Stock Market Setup – May 18, 2020
by Lee Adler • • 0 Comments
Rangebounds markets all sound and fury. Here’s where this is headed today.
Lee's Free Thinking
US COVID19 Cases and Deaths Declining in Northeast, Increasing in the South
by Lee Adler • • 0 Comments
The numbers continue to improve for the COVID19 epicenter in the Northeast. The following chart looks at the numbers on a week to week basis for Thursday May 14, and May 7. New cases were down by 25% and daily deaths fell by 46%. Total cases rose 7% on the week. Deaths were down by…
Lee's Free Thinking
Uptrend Holds Again – Daily Stock Market Setup – May 13, 2020
by Lee Adler • • 0 Comments
Last night the S&P futures needed to break 2828 to break the uptrend. Of course it did it by 5 points, and that was it. Boom! Up, up, and away!
Lee's Free Thinking
USA COVID19 Case and Death Count for May 12 – The South Rises Again
by Lee Adler • • 0 Comments
The good news is that new cases and new deaths in the US declined week to week. The bad news is that the decline in case numbers was miniscule, and there were big regional differences. The Northeast, which was by far the worst hit region, is showing improvement. The South is getting worse.
Lee's Free Thinking
China to Nix Trade Deal? Bullish! – Daily Stock Market Setup – May 12, 2020
by Lee Adler • • 0 Comments
Rumor has it that China will say bye bye to the trade deal. Futures were down when that “news” hit the Twitter. Now they’re up.
Lee's Free Thinking
USA COVID19 Weekend Case and Death Count 5/8/20-5/10/20
by Lee Adler • • 0 Comments
The trends for the nation as a whole looked good as of Sunday May, 10. 20,329 new cases were reported Sunday. That’s down from 27,348, the previous Sunday. 25,524 cases were reported Saturday, May 9, down from 29,744 the previous Saturday. But unfortunately, that’s not the whole story.
Lee's Free Thinking
Second Thoughts Monday – Daily Stock Market Setup – May 11, 2020
by Lee Adler • • 0 Comments
The BLS reported a seasonally adjusted 20.5 million jobs lost in April and stocks rallied on the news. Wall Street loves both death and unemployment apparently.
